Industry News
Sonnenblick-Eichner Company Arranges $50 MM For Provenance Hotels Loan to Refinance Recently Renovated Hotel in Seattle, WA
Beverly Hills, CA (July 24, 2018) – Sonnenblick-Eichner Company has arranged $50 million of interim first mortgage financing to refinance Hotel Theodore, a...
SEFNCO Communications to Move to Benaroya’s South Hill Business + Technology Center in Puyallup
PUYALLUP, WA (July 23, 2018) – SEFNCO Communications Inc, a leading wireline / fiber deployment construction contractor with operations in several western states,...
Unico Properties Sells 701 Dexter in South Lake Union for $33.5MM
(EDITOR’S NOTE: Unico sold 701 Dexter for $33.5 million, or approximately $571 per square foot, to Alexandria Real Estate Equities. Managing Director Lori Hill led...
Unico Properties Spends $359MM to Acquire Two Office Buildings in Downtown Seattle
(EDITOR’S NOTE: Boston-based AEW Capital Management was Unico’s equity partner in the transaction. Unico acquired 1111 Third for $274.5 million, or approximately $485 per...
Skanska Acquires Land in Bellevue for $33MM, Plans 500,000 SQFT Commercial Development
(EDITOR’S NOTE: According to public documents, the land sold for $33 million in a transaction that closed on July 19, 2018.) Skanska plans...
NorthMarq Capital Arranges Refinancing of $32.3MM for Sawyer Trail Apartments in Frederickson, Washington
SEATTLE (July 19, 2018) – Bob Spiro, senior vice president of NorthMarq Capital’s Seattle regional office, arranged refinancing of $32,281,000 for Sawyer Trail...
Central Building in Seattle Sells for $67.5MM
SEATTLE, WA – July 18, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $67.5 million sale and the $55.4 million financing for...
Big Fish Games Invests In Its Team And Seattle With Its Move To The New Waterfront
Seattle’s Historic Maritime Building Now Houses 630+ Seattle-Based Big Fish Talent SEATTLE, July 17, 2018 – Big Fish Games, Inc., an innovative developer...
Oakpointe Announces Major Homebuilders For Ten Trails
Conner Homes and Lennar To Preview Model Homes This Weekend BELLEVUE, Wash. – Leading developer Oakpointe Communities is pleased to announce four major...
Construction Tech is The New Investment Darling for VC Funds
As VC investment hits record high of $1.05 billion in the first half of 2018, JLL identifies top startups set to disrupt the...
Caisse De Dépôt et Placement Du Québec (CDPQ) Invests $250MM in Avison Young to Fuel Commercial Real Estate Firm’s Growth and Global Expansion Strategy
TORONTO and MONTRÉAL, July 16, 2018 – Mark E. Rose, Chair and CEO of Avison Young, the world’s fastest-growing, private and Principal-led, global...
Chinese Investment in U.S. Commercial Real Estate Takes a Hit Following 2017 Regulatory Changes But Takes on New Forms in 2018
By Jack Stubbs “The investment amount coming from state-owned enterprises has decreased, which is exactly what we thought would happen. It makes sense...